Morpho needs an hourly close above $2.19 to confirm the rebound

As of October 27, 2026, MORPHO trades at $2.17 against USDT on Binance . The Morpho price setup remains neutral on the daily chart despite stronger intraday momentum. The dominant force is a short-term recovery inside an unresolved broader structure—not yet a confirmed bullish reversal. Key takeaways MORPHO trades at $2.17 with a neutral daily bias despite stronger intraday momentum on lower timeframes. Hourly RSI at 70.5 signals overbought conditions, while daily RSI remains low at 37.4. An hourly close above $2.19 is required to confirm bullish continuation; failure risks a move toward $2.12.